1 October 2007 - IMI completes the acquisition of Pneumatex AG
IMI plc, the major international engineering group, is pleased to confirm that following receipt of regulatory clearances, the acquisition of Pneumatex AG, first announced on 9 August, was completed on 28 September 2007. Pneumatex, a specialist provider of water conditioning equipment for building heating, cooling and related systems, enhances the capabilities of IMI’s Indoor Climate business.
- Ends -
IMI plc
Graham Truscott, Communications Director
Tel: 0121 717 3712
Weber Shandwick Financial
Nick Oborne/Stephanie Badjonat/Charlie Hooper
Tel: 020 7067 0700
Notes to editors
IMI is a dynamic, worldwide company delivering innovative engineering solutions to leading global customers in clearly defined niche markets. Its five businesses share a common goal - to convert their industry knowledge and market insight into customised, design-engineered solutions which create customer advantage and value. These include severe service valves, motion and fluid control systems, indoor climate controls, beverage dispense systems, and merchandising display systems for retail operations.
Close customer relationships, strong positions in growing markets and clear differentiation through technological innovation or service are the defining characteristics of all IMI businesses.
IMI is quoted on the London Stock Exchange. Information about IMI plc can be found on the website: www.imiplc.com.
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